According to the public record, 5, Mornington Avenue, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 967 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mornington Avenue, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
5, Mornington Avenue, Bromley has a single entry in the Land Registry database from April 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Mornington Avenue Bromley as £520,920 and the rental value as £2,473 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 5 Mornington Avenue Bromley has increased by £9,250 (1.8%) and its rental value has increased by £144 per month (5.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Mornington Avenue, Bromley is in very good condition we estimate a sale value of £546,966 and rental value of £2,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,456 and a rental value of £2,300 per month.
If you were able to purchase this property for the estimated value of £520,920, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,560 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 5, Mornington Avenue, Bromley was last sold on 24 Apr 2013 for £286,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2013, the market for similar properties has risen 71.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mornington Avenue, Bromley within a radius of 460 metres over the last 2 years.
The most recent example is 44, Gundulph Road, Bromley, BR2 9LL, a Freehold house which sold for £545,000 in Nov 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mornington Avenue, Bromley, BR1 has a total of 48 addresses. According to our analysis of all the public data, 5, Mornington Avenue, Bromley is the 9th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in BR1.
The closest station to 5, Mornington Avenue, Bromley is Bickley station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Mornington Avenue, Bromley, 55.1% of property is privately owned with a mortgage and 34.1% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Mornington Avenue, Bromley, 16.3% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Mornington Avenue, Bromley, the average age was 39.3 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Mornington Avenue, Bromley, 1.1% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Mornington Avenue, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.